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If the present worth of a sum is $600 and the true discount is $100, what is the

Practice Questions

Q1
If the present worth of a sum is $600 and the true discount is $100, what is the amount after 2 years at 10% per annum?
  1. $700
  2. $800
  3. $900
  4. $1000

Questions & Step-by-Step Solutions

If the present worth of a sum is $600 and the true discount is $100, what is the amount after 2 years at 10% per annum?
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